Crude Oil Prices in 2014 -- The Motley FoolIn America, the price of West Texas Intermediate crude oil has averaged about $95 per barrel That's expected to continue in 2014 Overseas, the global benchmark Brent crude oil has traded much higher with an average of more than $110 per barrel the past three years Let's take a closer look at what we can expect from global crude oil prices in 2014

Crude oil prices down sharply in fourth quarter of 2014 . . . After reaching monthly peaks of $112 per barrel (bbl) and $105 bbl in June, crude oil benchmarks Brent and West Texas Intermediate (WTI) fell to $62 bbl and $59 bbl in December, respectively Brent prices fell below the five-year average in early September and slipped well below the five-year range in November and December